Package delivery giant UPS is offering drivers a financial compensation package if they voluntarily resign as the company undergoes a massive restructure. On Friday, July 18, UPS announced the “US Driver Voluntary Severance Plan (DVSP),” which provides the company’s full-time drivers with “an opportunity to receive a generous financial package ...more
Nvidia Becomes Most Valuable Company in World at $4 Trillion
Nvidia CEO Jensen Huang attends a roundtable discussion at the VivaTech fair dedicated to innovation and startups in Paris on ...more
Daimler Targets Expansion in Heavy-Duty Vocational Market
Western Star vocational trucks on display at Daimler Truck North America's Cleveland, N.C., manufacturing plant. (Joe Howard/Transport Topics) CLEVELAND, N.C. ...more
Trucking Industry Praises Trump’s ‘Big Beautiful Bill’
Tractor-trailers and other vehicles on a highway near Atlanta. ATA President Chris Spear said, "Motor carriers ... will now have ...more
NMFTA Readies Density-Based Freight Class Update for July 19
The update moves away from a commodity-based rating system to simplify the process, better utilize online data tools and align ...more
Cruise Cuts 101 Employees as GM Winds Down Robotaxi Program
A Cruise vehicle in San Francisco in 2023. (Cruise) Cruise, the embattled self-driving car subsidiary of General Motors, has laid ...more
Trump’s Trade Blitz Yields Few Deals but Lots of Uncertainty
President Donald Trump announces tariffs on auto imports in the Oval Office on March 26. (Mandel Ngan/AFP via Getty Images/TNS) ...more